ChainCatcher reported, citing BBX data, that a hawkish shift by the Federal Reserve led to a broad decline in crypto-related equities yesterday. At the same time, corporate accumulation and stock-level divergence appeared within the sector. MARA Holdings, Inc. (NASDAQ: MARA) was shown by on-chain monitoring data to have purchased 1,000 BTC from crypto liquidity platform FalconX, a privately held company. The transaction was valued at about $66.7 million, implying an average purchase price of roughly $66,700 per BTC.
MARA adds Bitcoin while BTC trades under pressure
The purchase took place in the same time window in which the Federal Reserve released a hawkish dot plot and Bitcoin came under downward pressure during the day. For MARA, the transaction represents the first clearly recorded countertrend accumulation move in the recent period after the company sold 20,880 BTC on a large scale in the first quarter. That earlier sale was linked to a Q1 net loss of $1.3 billion, making the timing and scale of the latest purchase central to the BBX data update.
As of the company’s previous disclosure on March 31, MARA held 35,303 BTC. Based on the additional 1,000 BTC purchase, its total holdings would rise to about 36,303 BTC, subject to confirmation in the company’s official SEC filings. The transaction has not yet appeared in a formal company press release or 8-K filing. The current information comes from on-chain monitoring, and the final figure still depends on official confirmation.
Robinhood gains as restructuring plan is announced
Robinhood Markets, Inc. (NASDAQ: HOOD) moved in the opposite direction from the broader weakness in crypto concept stocks. The stock touched an intraday high of $110.73 and closed at $105.20. Some real-time market data showed the intraday gain reaching as much as 12%. Trading volume reached 69.77 million shares, about 2.3 times the three-month average volume.
On the same day, Robinhood announced that it would cut 10% of its full-time workforce. The company said the move would generate about $28 million in restructuring costs, including roughly $20 million in severance and benefit expenses and about $8 million in stock-based compensation costs. The available information also mentioned that CEO Vlad Tenev emphasized the move, but the full quotation was not provided in the input source.
Taken together, the reported developments show a split picture inside crypto-linked equities during the same macro-driven trading session: MARA added Bitcoin while BTC was under pressure, Robinhood rose sharply on heavy volume, and the company simultaneously disclosed workforce reductions and related restructuring charges.